Advising H&F on acquisition of Nets A/S

Public takeover of Nets A/S

MHS Corporate Finance acted as financial advisor to Hellman & Friedman in connection with the recommended all-cash takeover offer for Nets A/S at DKK 165 for each share, valuing the entire issued capital of the company at DKK 33.1 billion.

On 25 September 2017, Evergood 5 AS announced its decision to make a voluntary recommended public offer to the Shareholders of Nets A/S. The formal offer document related to this offer was published and sent to the Shareholders of Nets A/S on 23 October 2017 as supplemented by the offer document supplement published and sent on 15 December 2017. According to the terms of the Offer Document, the Offer expired yesterday, 1 February 2018.

The final count of the number of acceptances from Shareholders in Nets A/S shows that Evergood 5 AS has received acceptances representing 188,109,435 Shares corresponding to approximately 94.1 per cent of the entire share capital and voting rights in Nets A/S.

Information on Nets
Nets is a leading provider of digital payment services and related technology solutions across the Nordic region. Nets sits at the centre of the digital payments ecosystem and operates a deeply entrenched network, which connects merchants, corporate customers, financial institutions and consumers enabling them to make and receive payments as well as, increasingly, utilise value-added services to help them improve their respective activities.

About Evergood 5 AS
The Offeror is a newly formed company controlled by funds managed and advised by Hellman & Friedman (the H&F Funds). The H&F Funds, GIC and funds managed and/or advised by Advent and Bain respectively (and certain other indirect minority co-investors, including Sampo PLC, funds managed and advised by StepStone Group LP and a fund managed by Fisher Lynch Capital LLC) have made or have committed to make, in connection with completion of the Offer, direct or indirect equity or other direct or indirect investments in Offeror such that the Offeror Group is expected to be owned, directly or indirectly: (i) approximately 70 per cent by the H&F Funds and certain other minority investors including Sampo PLC, funds managed and advised by StepStone Group LP and a fund managed by Fisher Lynch Capital LLC, (ii) approximately 14 per cent by GIC and (iii) and approximately 16 per cent by a newly incorporated company jointly owned indirectly by funds managed and/or advised by Advent and funds managed and/or advised by Bain.